The Sports and Physical Recreation Clubs industry has bounced back strongly from the COVID-19 disruptions, indicating Australia's enduring love for sport. The industry was growing steadily prior to the outbreak of COVID-19. Yet, the federal and state Governments' COVID-19 restrictions heavily affected the industry, as extended lockdowns and state and federal border closures led to the cancellation of entire seasons. Some professional clubs were able to complete seasons throughout periods of heavy restrictions, but key revenue streams were cut off, leading to a sharp fall in profit margins. Yet as restrictions have eased, a combination of pent-up demand and the enduring loyalty of participants and spectators to their chosen clubs has engineered a rapid recovery. Profitability bounced back, as crowds returned to live sport in droves. Overall, industry revenue is expected to increase at an annualised 1.5% over the five years through 2022-23, to an estimated $4.1 billion. This includes an expected increase of 17.1% in 2022-23, as the industry fully recovers and expands after several years of restrictions.Goal: High scores in crowd attendance as restrictions ease and women's membership numbers rise
Industry firms primarily operate sports and physical recreation clubs or teams that provide sporting or physical recreation opportunities to participants, or entertainment for spectators. The industry also includes professional athletes.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
About This Industry- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
Industry Performance
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
Operating Conditions
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Methodology
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